HomeTrading NewsTech fund manager Dan Niles says S&P 500 could drop 20% next year as Fed hikes rates

Tech fund manager Dan Niles says S&P 500 could drop 20% next year as Fed hikes rates

Daniel Niles

John Chiala | CNBC

Stocks could see a bear market next year if decades-high inflation forces the Federal Reserve to more aggressively pull back on its Covid-era monetary stimulus measures, tech fund manager Dan Niles told CNBC on Friday.

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